With new government data showing inflation accelerated in May despite the Federal Reserve’s efforts to slow it down, the Federal Open Markets Committee faces increased pressure to aggressively raise ...

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When an economy is humming, there are lots of job openings and low unemployment. When the economy is malfunctioning, there are few openings and unemployment is high. The regular relationship between ...

Since 2009, U.S. job vacancies have increased but unemployment has fallen more slowly than in past recoveries. There is evidence that heightened uncertainty about economic policy has been an important ...

For much of the past five years, economists have debated whether the unemployment facing the economy was cyclical -- the result of an economy weakened by a particularly vicious business cycle -- or ...

Conditions in labor markets are largely reflected in the number of jobs employers want to fill (job vacancies) and the number of people seeking jobs (the unemployed). Over the business cycle, for ...

This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify shifts in the Beveridge curves for 12 OECD countries between 2000Q1 and 2013Q4 ...